Consumer Payments Country Snapshot: South Africa

Publisher Name :
Date: 30-Sep-2016
No. of pages: 37

Summary

South Africa continues to increase the level of financial inclusion in the country; the banked consumer base is on the rise and payment card ownership is forecast to grow strongly over the next five years. However, South African consumers still prefer to pay for small-value purchases with cash.

Key Findings


  • Contactless payments are still in their infancy in South Africa and although awareness and ownership are on the rise, usage remains low.

  • South Africa also has a high mobile phone penetration rate, and as consumers become more comfortable shopping on their devices, m-commerce will drive online sales growth.

  • The sizable opportunity for mobile payment services in South Africa will increase as smartphone ownership rises, investment in mPOS terminals continues, and new players enter the market.


Synopsis

This report examines the consumer payments market in South Africa, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. This report also examines the regulations in force in the market which players must comply with, and how these have changed in recent years.


  • Analyzes the consumer attitudes to financial services by life stage.

  • Analyzes the major payment card types in terms of both card holding and usage.

  • Identifies the major competitors in card issuing and how their position in the market has changed over the last five years.

  • Considers consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how companies in South Africa are deploying these tools to meet customer needs.

  • Explores the online payment market in South Africa by merchant type and payment tool, as well as providing a five-year forecast for the development of the market.

  • Considers the regulations affecting the payments market and how they are likely to affect both incumbents and disruptors.


Reasons To Buy


  • Understand the key facts and figures in the consumer payments market in South Africa.

  • Learn what trends drive consumer behavior at the macro level and plan your strategy accordingly.

  • Find out what products the major competitors are launching in the market and plan your strategy accordingly.

  • Discover consumer sentiments towards various payment tools in the South African market and use this knowledge to inform product design.

  • Learn about the key regulatory requirements affecting South African payments players and any recent or upcoming changes to those requirements.


Companies Mentioned


  • Mastercard

  • ikhokha

  • Visa

  • American Express

  • Diners Club

  • South African Post Office

  • First Rand Group

  • Standard Bank

  • Nedbank

  • Absa

  • Capitec Bank

  • PayPal

  • MoneyGram

  • Vodacom

  • MTN

  • Lendico

  • WeChat

  • Shell

  • Apple

  • Google

  • MobiCash

  • Boloro

  • Big Save Group

  • Samsung

  • Proxama

  • Nokia

  • Blackberry

  • Mercantile Bank

Consumer Payments Country Snapshot: South Africa

Table of Contents

Megatrends
Proximity Payments
Remote Payments
Payments Infrastructure And Regulation
Appendix

  • Renewable Energy Sources Needs To Boost Global Microgrids Market
    The global market for microgrid was worth US$13.3 billion in 2015, and is anticipated to touch an estimate of US$35.2 billion by 2020. Dealers in the market for microgrids are incessantly improving the network hosting capability for renewable energy resources to excerpt an extreme amount from it, in addition to commercialization of classically costly renewable […]
  • Manufacturing Trends In The Coming Days
    The manufacturing industry may be encountering some breezes, but it is irrefutably in the middle of a technological revival that is altering the appearance, structures, and practices of the modern factory. Notwithstanding the jeopardies and in spite of recent history industrial manufacturing enterprises cannot afford to disregard these developments. Few of the trends to look […]
  • Top 10 Emerging Technologies
    The World Economic Forum (WEF) and Scientific American lately unveiled the major technological innovation list of the top ten emerging technologies. This list emphasizes on the technological developments which have the supremacy to transform industries, protect the planet, and improve lives. It also presents an opening to discuss any societal, human, economic or environmental jeopardies […]
  • Global Biosimilars Market To Be Led By Novartis by 2020
    Biologics, which are typically inoculated or injected, are formed in living entities, making them more challenging and costly to manufacture than the usual pills contrived from chemicals. Observing that mock-ups are mostly identical to the prototypes has also modelled specific scientific and regulatory tasks. But the US FDA and European supervisors lately have acknowledged new […]
  • Global Thyroid Gland Disorder Treatment Market To Grow Steadily
    The global thyroid gland disorder treatment market was worth US$1.8 billion in 2014 and is projected to reach a market value of US$2.4 billion in 2023 intensifying at a CAGR of 3.1% from 2015 to 2023.  The thyroid gland produces thyroid hormones that control some of the most essential functions in the human body such as stimulating […]
  • Europe Triennial OTC Derivatives Market by Manufacturers, Countries, Type and Application, Forecast to 2022
    Published: 19-Jun-2017        Price: US 4480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in Europe market, especially i......
  • UK Pensions Market 2017
    Published: 09-Jun-2017        Price: US 3450 Onwards        Pages: 52
    UK Pensions Market 2017 Summary Pre- and post-retirement markets have seen some big changes over the last few years. The state pension has been changed from a two-tier to a flat-rate model to relieve pressure on the government, as the UK population is aging and individuals are living longer. Auto-enrolment will continue to be a big driver of growth in work- and trust-based pensions, as will buyouts as employers look to de-risk. By February 2018, all businesses will have......
  • North America Triennial OTC Derivatives Market by Manufacturers, Countries, Type and Application, Forecast to 2022
    Published: 18-May-2017        Price: US 4480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in North America market, espec......
  • United States Triennial OTC Derivatives Market by Manufacturers, States, Type and Application, Forecast to 2022
    Published: 18-May-2017        Price: US 4480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in United States market, to sp......
  • New Entrants: Mapping the Landscape
    Published: 16-May-2017        Price: US 5250 Onwards        Pages: 44
    Market conditions around the world have not historically been particularly friendly to new banking entrants. Stringent regulations have presented formidable barriers to entry, and only a minority of consumers expresses enthusiasm for banking with new providers. However, regulators in the UK, EU, and elsewhere are trying to make it easier for new providers to enter the market, and a number of new banks have commenced operations, with the UK proving a particularly popular location. ......
  • Financial Services Market Global Briefing 2017 Including: Lending and Payments, Insurance (policies, brokerage and reinsurance), Investment (securities underwriting, stock brokerage and wealth management service) Covering: Bank of America, Industrial and Commercial Bank of China, Agricultural Bank of China, AXA, Bank of China, Assicurazioni Generali, JPMorgan, Chase, Wells Fargo, Citigroup Inc.
    Published: 08-May-2017        Price: US 1000 Onwards        Pages: 32
    The financial services market comprises all establishments engaged in financial services related activities such as lending, investment management, insurance, brokerages, payments and transferring service. The financial services industry is categorized on the basis of the business model of the firms present in the industry. Majority of firms come under multiple categories. The Financial Services Global Market Briefing provides strategists, marketers and senior management with the crit......
  • Global (North America, Europe and Asia-Pacific, South America, Middle East and Africa) Triennial OTC Derivatives Market 2017 Forecast to 2022
    Published: 14-Apr-2017        Price: US 4880 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in Global market, especially i......
  • Global Capital Expenditure (CAPEX) Market Size, Status and Forecast 2022
    Published: 14-Apr-2017        Price: US 3300 Onwards        Pages: 99
    This report studies the global Capital Expenditure (CAPEX) market, analyzes and researches the Capital Expenditure (CAPEX) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like - Exxon Mobil - Wal-Mart Stores - General Motors - Ford Motor - DaimlerChrysler - Royal Dutch/Shell Group - BP - General Electric - Mitsubishi - Toyota......
  • Global Triennial OTC Derivatives Market by Manufacturers, Countries, Type and Application, Forecast to 2022
    Published: 14-Apr-2017        Price: US 3480 Onwards        Pages: 116
    This report studies the Triennial OTC Derivatives market, Triennial OTC Derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic OTC Options- and other exotic derivatives - are almost always traded in this way. Scope of the Report: This report focuses on the Triennial OTC Derivatives in Global market, especially i......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs